Binance Surpasses 100 Million App Downloads: A Landmark Achievement Boosting Cryptocurrency’s Global Expansion

Binance, the world’s largest cryptocurrency exchange by volume, continues to achieve significant milestones regarding its active user base. Recently, Binance reached the impressive milestone of 275 million registered users. The company has particularly excelled with its mobile platform, which was the most widely downloaded finance app last September, amassing 9.9 million downloads. This success has made Binance’s goal of onboarding 1 billion users seem increasingly attainable. As Binance CEO Richard Teng stated in an X post earlier this year, “the journey to onboarding 1 billion users isn’t a dream—it’s a mission. Every step we take today brings us closer to making crypto mainstream. Let’s build together.”

The Binance Mobile App has adapted to changing user preferences, attracting a diverse audience. Over 100 million Binance members have downloaded the mobile version, with 75% actively using the app. This trend mirrors the shift in stock trading from desktop platforms to mobile applications. The launch of the mobile app has made Binance more accessible for newcomers to the cryptocurrency space, significantly contributing to its membership growth. Last year, Binance welcomed over 68 million new users, averaging 187,000 sign-ups per day. Additionally, consumer assets on the platform surged by 92.9%, reaching $73.1 billion. While users may initially join to trade cryptocurrencies, they soon discover the extensive range of Web3 products and services within the Binance ecosystem, which enhances user retention and engagement. 

Categories: User Growth, Mobile Platform Success, Ecosystem Diversity 

Tags: Binance, Cryptocurrency, Mobile App, User Base, Downloads, Membership Growth, Trading, Web3, Ecosystem, Security